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Zacks Equity Research

Stock Market News for Jun 2, 2023

U.S. stocks ended sharply higher on Thursday, with the S&P 500 and Nasdaq closing at their nine-month highs, as the House passed the crucial debt ceiling bill in a major step to avoid a default.

AAPLPositive Net Change METAPositive Net Change

Sweta Killa

Apple Close to Reclaiming $3T Market Cap: Top ETFs to Bet

Apple Inc. (AAPL) has been soaring this year, taking the tech giant back to the brink of a historic threshold of $3 trillion market valuation reached in January 2022.

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change NFLXNegative Net Change AVGOPositive Net Change XLKNegative Net Change FTECNegative Net Change IYWNegative Net Change VGTPositive Net Change

Sweta Killa

Leveraged Tech ETFs Enjoying Huge Rally

U.S. tech stocks are enjoying their greatest outperformance, relative to the S&P 500, in 97 years. This has resulted in a huge rally for leveraged ETFs, with funds targeting FANG stocks and single stocks more than doubling this year.

SOXLPositive Net Change TECLNegative Net Change USDPositive Net Change FNGUPositive Net Change FNGONegative Net Change UBOTNegative Net Change WEBLNegative Net Change BULZNegative Net Change FNGGNegative Net Change AAPBPositive Net Change AAPUPositive Net Change MSFUPositive Net Change FBLNegative Net Change NVDLPositive Net Change

Sweta Killa

FANG ETF (FNGS) Hits New 52-Week High

This FANG ETF hits a new 52-week high. Are more gains in store for this ETF?

FNGSNegative Net Change

Zacks Equity Research

Stock Market News for May 11, 2023

U.S. stocks closed mostly higher on Wednesday, led by a tech rally after data showed that April's consumer price index cooled to its lowest annual rate in nearly two years.

AAPLPositive Net Change CATNegative Net Change NFLXNegative Net Change WENNegative Net Change RBLXNegative Net Change

Andrew Rocco

Finding the Next Double (5 Factors to Consider)

Jesse Livermore once famously said, "those who can both be right and sit tight are uncommon." Andrew Rocco shows you how to find and (more importantly) how to handle big winning stocks.

AMZNNegative Net Change AAPLPositive Net Change CRMNegative Net Change NVDANegative Net Change MNSTNegative Net Change ELFPositive Net Change

Zacks Equity Research

Will Slowing Services Growth Hurt Apple's (AAPL) Q2 Earnings?

Apple's (AAPL) second-quarter fiscal 2023 results are expected to reflect a slowing Services business, and weakness in the Mac and iPad segments.

AAPLPositive Net Change HPQNegative Net Change DELLNegative Net Change LNVGYNegative Net Change

Bryan Hayes

All Eyes on Fed Rate Decision: Key Stocks to Watch

Given three of the largest U.S. bank failures in recent months, will the Fed stay the course?

JPMNegative Net Change AAPLPositive Net Change AMDPositive Net Change RUTHPositive Net Change WALNegative Net Change FRCPositive Net Change PACWPositive Net Change WINGNegative Net Change KRENegative Net Change

Sweta Killa

What Lies Ahead for Apple ETFs in Fiscal Q2 Earnings?

Apple has returned about 30% so far this year, outperforming the industry's gain of 24.2%. The momentum is expected to continue if the company's earnings beat estimates in the soon-to-be-reported quarter.

AMZNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change XLKNegative Net Change GOOGLNegative Net Change FTECNegative Net Change IYWNegative Net Change VGTPositive Net Change METAPositive Net Change

Zacks Equity Research

Apple (AAPL) to Report Q2 Earnings: What's in the Offing?

Apple's (AAPL) second-quarter fiscal 2023 earnings are likely to have suffered from challenging macroeconomic conditions, unfavorable forex and low smartphone demand.

AMZNNegative Net Change AAPLPositive Net Change NFLXNegative Net Change DISPositive Net Change